House Democrats press for vote on US-China competition bill Business and Economy


Source: aljazeera.com aljazeera.com

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Legislation would provide $52bn to support domestic chip research and $45 bn to improve supply chains. House Republicans have criticised a Democratic-led bill intended to make the US economy more competitive against China [File: Joshua Roberts/Reuters] By Billy House and Daniel Flatley Bloomberg Published On 2 Feb 2022 2 Feb 2022 facebook twitter whatsapp House Republicans criticized a Democratic-led bill intended to make the U.S. economy more competitive as filled with concessions to China, throwing up obstacles to a measure that would also aid the domestic semiconductor industry. Democrats are aiming for a House vote this week on their version...